State pensioners have been warned they may shortly receive a tax bill from HMRC. With state pension rates climbing, ...

Some self-employed workers could be at risk of receiving a £100 fine over a deadline due in just over a week. Each year, some ...

Accountants at JF Hornby & Co have warned the move is part of a wider crackdown on incorrect expense deductions – and could lead to a surge in investigations and penalties. HMRC will run a campaign to ...

HMRC has the power to issue a financial penalty for any overdue tax return, and it's always worth checking if you need to ...

We are assisting a client to submit an amended copy of their CT600 for the year ended 31 December 2023 based on an R&D claim prepared by a third-party ...

Over a million pensioners are expected to be hit by tax on their savings accounts, according to new analysis by AJ Bell.

From 30 October 2024, HMRC regard payments from the company as distributions which are in principle taxable. There is a specific relief against that income under s401ZA ITTOIA 2005, but it needs to be ...

For the shares you plan to sell this year, the bad news is that the rates have increased to 18% at the basic rate and 24% at ...

Yet, the myth that self-employed individuals have no mortgage prospects in the UK is increasingly outdated. The market’s ...

Record numbers are being hit with tax bills after exceeding their tax-free allowances on everything from savings interest to ...

Tax returns are changing – with a new way to record and report your income and expenses. This is called Making Tax Digital ...

Payments for the support scheme can be issued to people eligible people claim a wide array of benefits, including the State ...